Let $\text{Mat}_2(\mathbb{R})$ be the set of $2\times 2$ real matrices with the topology obtained by regarding $\text{Mat}_2(\mathbb{R})$ as $\mathbb{R}^4$. Let $$\text{SO}(2)=\{A\in\text{Mat}_2(\mathbb{R}); A^TA=I_2, \det A=1\}$$ where $A^T$ denotes the transpose of $A$, and $I_2$ is the $2\times 2$ identity matrix.
The subspace topology of $\text{SO}(2)$ is obtained from $\mathbb{R}^4$, where we identify a $2\times 2$ matrix with a point in $\mathbb{R}^4$ by using the matrix entries as coordinates. Viewing $\text{SO}(2)$ as a subset of $\mathbb{R}^4$, it is enough to show that $\text{SO}(2)$ is bounded and closed in $\mathbb{R}^4$.
I was able to show that $\text{SO}(2)$ is bounded. For any matrix $A\in\text{SO}(2)$, we have that $|A|=\sqrt{2}$, using the Euclidean metric of $\mathbb{R}^4$.
I want to show that $\text{SO}(2)$ is closed by showing that $\mathbb{R}^4\setminus\text{SO}(2)$ is open. I am not sure how to start this.
In addition we have: \begin{align*} A^T A\\ \\ =\begin{pmatrix} a_1 & a_3 \\ a_2 & a_4\end{pmatrix}\begin{pmatrix} a_1 & a_2 \\ a_3 & a_4\end{pmatrix}\\ \\ =\begin{pmatrix} (a_1)^2+ (a_3)^2 & a_1a_2+a_3a_4 \\ a_1a_2+a_3a_4 & (a_2)^2+(a_4)^2\end{pmatrix}\\ \\ =\begin{pmatrix} 1 & 0 \\ 0 & 1\end{pmatrix} \end{align*} and \begin{align*} \det{\begin{pmatrix} a_1 & a_2 \\ a_3 & a_4\end{pmatrix}}\\ \\ =a_1a_4-a_2a_3=1. \end{align*}
A continuous function $f : \text{Mat}_2(\mathbb{R}) \to \mathbb{R}^4$ is defined by $f(A) = (a_1^2 + a_3^2,a_1a_2 + a_3a_4,a_2^2 + a_4^2,a_1a_4 - a_2a_3)$. Then
$$\text{SO}(2) = f^{-1}(1,0,1,1)$$
which is closed by the continuity of $f$.